Pay a little extra. Save a lot.
See exactly how much interest and how many EMIs you can save by topping up your monthly payment.
This planner works on your outstanding balance with the same EMI and an extra monthly payment.
Jump to SIP vs Prepayment comparisonInterest saved
EMIs saved
New tenure
Worth it?
Paying an extra ₹5.0 K/month saves you ₹13.89 L in interest over the loan.
Time freed up
You finish your loan 4.4 years earlier.
The early-prepayment edge
The same EMI plus extra payment reduces the principal balance faster and cuts future interest significantly.
Tip
Check your bank's prepayment rules - floating-rate home loans often allow extra payments without penalty.
This shows whether the extra ₹₹5.0 K per month is better used to repay the loan faster or invested in SIPs.
Loan details
Outstanding balance: ₹50.00 L
EMI used in comparison: ₹43.4 K
SIP calculated for: 187 months
Comparison details
Extra monthly amount: ₹5.0 K
Prepay payoff in: 187 months
Post-payoff investment window: 53 months
SIP corpus
Prepay Then Invest
Difference
What's included in "Prepay Then Invest"?
Interest saved through early closure + Future value of freed EMI invested
Two-Phase Strategy Timeline
At 12% expected SIP return versus 8.5% loan rate, this comparison shows the likely outcome for the same monthly surplus.
Why "Prepay Then Invest" Often Wins
Note: SIP is calculated for the actual loan payoff period (187 months) with prepayment. After debt-free status, your entire monthly amount is invested-giving a financial boost that pure SIP cannot match. Choose prepayment if your loan rate is close to or higher than expected SIP returns.
When you make an extra payment beyond your EMI, the entire extra amount goes towards reducing the principal - which means less interest is charged in every subsequent month.
This calculator models a loan with the same EMI and an extra monthly payment, so the remaining tenure shortens while the EMI stays fixed.
Rule of thumb: if your loan rate is higher than the expected SIP return, prepayment is the more certain choice.